Job description

Some careers have more impact than others.

If you’re looking for a career where you can make a real impression, join HSBC and discover how valued you’ll be.

HSBC Global Banking and Markets is an emerging markets-led, financing-focused business that provides investment and financial solutions. Through our international network, we connect emerging and mature markets, covering key growth areas. We partner with our corporate, government and institutional clients to help them achieve consistent, long-term performance. Our products and services include advisory, financing, prime services, research and analysis, securities services, trading and sales and transaction banking.

We are currently seeking an ambitious individual to join our team as an Uncleared Margin Rule Associate, working together with colleagues to define, manage and achieve divisional business targets.

Role Purpose

The Margin Requirements for Uncleared Derivatives Team (i.e. MRUD Team) within the Markets Security. Services [MSS] Operations Office function at HSBC are expected to; control, calculate, monitor, and report the BCBS 261 initial margin regulatory requirement at regional and group level. The daily exchange of Initial Margin under the BCBS 261 requirement has been Live since 01/09/2016. Hence, the requirement to engage in the extensive development and running of the end to end process flow of the daily IM exchange.

In this role, you will:

• Be reviewing and understanding the regulatory framework for BCBS 261
• Be working with all stakeholders on the End to End delivery of the regulatory initial margin
• Be writing and Reviewing BRDs across functions
• Engage in dispute resolution
• Work in the development of MSS Operations framework for IM
• Work on developing joint work with Collateral Management and Front Office

Requirements

To be successful in the role, you should meet the following requirements:

• Market Risk Management associate level.
• Team engagement experience of small to medium size teams.
• Strong knowledge of the asset class (FX, Equity and Fixed Income).
• Self-motivated market risk management professional who enjoys learning about financial risks, collaborating within a team and interacting with the Front Office and other stakeholders on a daily basis.
• Knowledge of financial products and key market risk concepts, such as risk sensitivities, VaR, scenario analysis and capital is required.
• Candidates must demonstrate diligence as well as strong investigative skills.

You’ll achieve more when you join HSBC. 

https://mycareer.hsbc.com/external

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